ASX Announcement - 15.4.04 - 2.42pm
Panbio Recognized for Excellence in Breakthrough
Technology
April 15, 2004, Brisbane, Qld, Australia -
Breakthrough technology developed by Panbio Ltd has been recognized with a
prestigious award from the Federal Govt's Industry Research and Development
Board.
Panbio received the award for commitment to
excellence in developing its innovative Oligo Rapid technology which delivers
medical diagnostic tests in a highly flexible, easy to use format, suitable for
use by physicians and health care practitioners in the field.
Panbio has been granted a US patent for the new
technology and is in the process of developing Oligo-based tests for specific
diseases. The company estimates the first products utilising the new technology
will be on the world market in about 12 months.
Panbio Chief Executive, Mr Jim Porter said,
"The innovation was driven by the needs we see in the market for affordable easy
to use diagnostic solutions to reach the millions of people who go untreated or
are diagnosed with fevers of uknown origin."
"The cost of manufacturing will be significantly
reduced, making the test affordable to people around the world. The new platform
will also allow multiple tests to be performed on a single patient sample
resulting in rapid identification of the cause of some of the world's most
serious infectious diseases."
"As a result, the company sees opportunities to
reach substantial world markets that currently lack access to accurate and
affordable diagnostics."
[I]NB Panbio is an international infectious disease
diagnostics company headquartered in Brisbane. The company develops,
manufactures and sells diagnostic assays for the detection for the detection of
antibodies related to infectious diseases.
Panbio sells products used in the diagnosis of over
72 disease states and is world leader in tests used in the diagnosis of flavi
and other arboviruses (arthropod borne viruses) having introduced the first
clinical diagnostics for Ross River Fever, Dengue Fever, and West Nile
Virus.[/I]
----- Original Message -----
Sent: Wednesday, April 14, 2004 7:20
PM
Subject: Re: Re: [sharechat] Fundamentals
Snoopy! and his Pups woody replyGoody bye!!!!!!!!!!
The David Beckham version:
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----- Original Message -----
Sent: Wednesday, April 14, 2004 5:06
PM
Subject: Re: Re: [sharechat]
Fundamentals Snoopy! and his Pups woody replyGoody bye!!!!!!!!!!
Thank you Mixtrader. Appreciate your post.
You may remember this one then - Panbio (PBO)
- from last year (before they decided to, gulp,
restructure).
PBO ASX Announcement today
- 14.4.04
Professor John Mackenzie joins PANBIO
board as an independent non-exec director.
Professor Mackenzie has
a distinguished academic, advisory and consulting career and has made an
outstanding contribution in viral diseases.
He is an
internationally recognized microbiologist, Professor of Microbiology at
the Univ of Qld (since 1995) and conjoint Professor of Tropical Infectious
Diseases.
He is an advisor to several state and federal
government departments and to World Health Organisation for viral diseases
since 1984. He is also a member of the Scientific Advisory Group for
Global Health Security at the World Health Organisation and has consulted
to Aventis Pasteur and Smith Kline and French.
Mr Boscher
(Panbio Chairman) said "Professor Mackenzie has an international
reputation in the area of infectious diseases and will bring invaluable
knowledge to the company. John has a remarkable network of contacts at
leading research and health organisations around the world in the
company's fields of interest. He wans to see our company succeed and
will be able to assist our management team as well as the board. John
makes a unique addition to the board."
Professor Mackenzie said "I
am excited about joining the Panbio board. The company has remarkable
potential in combatting some of the world's major health challenges. I
look forward to making a valuable and lasting contribution together with
this dynamic and enthusiastic group of
people."
Now how does that song go - 'The only way is up
... baby"!
Regards,
Cris
----- Original Message -----
Sent: Wednesday, April 14, 2004 3:55
PM
Subject: Re: Re: [sharechat]
Fundamentals Snoopy! and his Pups woody replyGoody bye!!!!!!!!!!
Hi Cristine (& Ruth)
Yes the topic has been done to death but the
debate will rage on while there are still those that consider themselves
either pure TA or pure FA. That is all a part of what makes life
interesting.
I am an avid follower of the sharechat
postings and often take considerable notice (ie put money up) based on
what I read. To those that have helped me to a win - THANKYOU - the
information you have posted has been great. To those that have had
losses (as I have as well), keep learning from the previous decisions you
have made - knowledge may act to some extent as a future "stop
loss".
Keep up the good work (and don't stop
posting)
Regards
----- Original Message -----
Sent: Wednesday, April 14, 2004
5:07 PM
Subject: Re: Re: [sharechat]
Fundamentals Snoopy! and his Pups woody replyGoody bye!!!!!!!!!!
Hi Ruth,
You speak on behalf of the
sharechat group?
----- Original Message -----
Sent: Wednesday, April 14, 2004
2:33 PM
Subject: Re: Re: [sharechat]
Fundamentals Snoopy! and his Pups woody reply Goody
bye!!!!!!!!!!
Snoopy did a great fisking of the original posting. His
questions were polite and very reasonable. If one is going to post
about "controversial" topics one cannot complain when much of it is
dissected. Implying the topic at hand is too esoteric is often the
last resort when one cannot logically or factually rebut
something.
People are very attached to their beliefs, much more
attached than they usually let on. When they are called on them
they often depart, usually with a few ad-hominems thrown in for
good measure ;-)
IMO the lack of replies is nothing to do with
not wanting to expand horizons, but is because by and large the
topic has been done to death and no one cares
anymore.
Regards, Ruth
>>Hi Woody,
I
have always held your posts in very high regard and your last post was
no exception.
It was excellent - pioneering - and very brave
- proposing the exploration of uncharted territory and encouraging
everyone to broaden their horizons (think outside the
box).
In a brain-storming session, participants are encouraged
to 'think outside the box', take a non-judgemental perspective, and
contribute both pros and cons in a positive manner.
In this
way, new ideas that may have great merit are not squashed
before they are considered in their entirety.
Your post
reminded me of this, and as a life-long learner, I can say I
was truly excited by your post, your pioneering spirit, and the
prospect of exploring these possibilities through the ensuing
exchanges.
Of course, to be effective - it helps to have more
than one contribution so I can totally understand your recent
response.
Also, there is some risk associated with proposing
anything new and there is always some resistance (and rejection) of
the unknown and of uncharted (please forgive the pun)
territory.
There are some very knowledgeable and experienced
people who contribute to this forum and I sincerely hope they
re-weigh the possible benefits against the personal risk of
derision through exploring something new, offer to contribute, and
help you to reconsider, BUT; even if that doesn't happen, I still
hold hope you will reconsider and stay -
please?
Regards, Cris
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